Foreclosing on a Tax Lien - Doing it the right way

[Dylan Kerwin]

New to the forums and really interested in leveraging tax liens as a strategy in NJ and NY. I have one major drawback... I can't help but to feel like this strategy has the potential to be highly predatory. 

If I am not redeemed on my lien and have to foreclose, it could potentially net out great for me, but it would be off the backs of someone else's struggles. I get this is business, but is there any solution to limit this? Potentially working with the owner on a lease to own solution once I have control of the property or negotiating a subto deal if they are underwater on their financials. 

Is this even legally allowed to have this level of communication with the owners. 

[John Underwood]

The government needs its property taxes. The investor provides this when the owner doesn't so that the government can provide essential services to its citizens.  

This is not predatory since the government is initiating the tax lien sale in the first place.